Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy (FOB) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy (CIF) - 2022
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $313,496 per ton in 2022, with an increase of 354% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The growth pace was the most rapid in 2020 an increase of 360%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($4,410,250 per ton), while the average price for exports to Slovakia ($2,888 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+794.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $545 per ton in 2022, waning by -79.5% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $3,462 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,787 per ton), while the price for Lithuania ($311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-7.5%), while the prices for the other major suppliers experienced a decline.
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy
In 2022, shipments abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -57.5% to 31 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2020 when exports increased by 166% against the previous year. As a result, the exports reached the peak of 73 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns soared to $9.7M in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,125% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 776 | 3,473 | 5,988 | 177.8% |
| Germany | 1.6 | 85.2 | 568 | 807 | 696.0% |
| Spain | 4.9 | 289 | 382 | 550 | 382.4% |
| Netherlands | N/A | 29.6 | 319 | 355 | 246.3% |
| Poland | 0.1 | 91.1 | 178 | 244 | 1246.3% |
| Austria | 2.9 | 2.1 | 44.6 | 233 | 331.5% |
| Belgium | N/A | 3.6 | 81.0 | 156 | 558.3% |
| Greece | 60.1 | 54.6 | 78.0 | 99.7 | 18.4% |
| Portugal | 0.6 | 0.8 | 14.1 | 53.8 | 347.6% |
| Malta | 3.1 | 7.3 | 52.1 | 51.9 | 155.8% |
| Switzerland | 108 | 1,084 | 637 | 17.6 | -45.4% |
| Romania | 2.9 | 217 | 41.1 | 8.1 | 40.8% |
| Slovakia | 6.6 | 12.2 | 33.7 | 7.7 | 5.3% |
| Others | 41.3 | 193 | -853.7 | 1,155 | 203.5% |
| Total | 232 | 2,845 | 5,048 | 9,727 | 247.4% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Italy in 2022:
- France (79.8 tons)
- Germany (60.6 tons)
- Netherlands (33.5 tons)
- Austria (20.6 tons)
- Spain (9.7 tons)
- Portugal (9.6 tons)
- Belgium (7.8 tons)
- Greece (5.7 tons)
- Poland (5.6 tons)
- Malta (5.2 tons)
- Slovakia (2.7 tons)
- Romania (1.2 tons)
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy
In 2022, approx. 758 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were imported into Italy; increasing by 1,065% against 2021 figures. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns soared to $413K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 18.7 | N/A | N/A | 206 | 122.5% |
| Luxembourg | N/A | N/A | N/A | 75.6 | 0% |
| China | N/A | 56.1 | 58.5 | 69.9 | 11.6% |
| Slovenia | N/A | N/A | N/A | 21.2 | 0% |
| Latvia | N/A | 3.1 | 4.8 | 19.4 | 150.2% |
| Romania | N/A | N/A | N/A | 19.1 | 0% |
| Lithuania | 1.2 | 3.0 | 13.2 | 0.2 | -45.0% |
| Switzerland | 84.1 | 22.8 | 52.0 | N/A | -21.4% |
| Czech Republic | N/A | N/A | 88.3 | N/A | 0% |
| Others | 0.1 | 15.9 | -43.7 | 2.0 | 171.4% |
| Total | 104 | 101 | 173 | 413 | 58.4% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Italy in 2022:
- Luxembourg (147.9 tons)
- China (116.0 tons)
- Netherlands (115.1 tons)
- Latvia (45.3 tons)
- Slovenia (35.2 tons)
- Romania (25.3 tons)
- Lithuania (0.8 tons)
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